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20121228
20121228
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in washington this afternoon as the nation edges closer to the fiscal cliff. president obama and top congressional leaders will look for common ground to keep automatic tax increases and spending cuts from kicking in. they only have four days to reach an agreement or the u.s. economy will go over the so- called fiscal cliff. that's when automatic tax increases and spending cuts would take effect. reaching a deal before then what be easy. right now both sides are involved in a high-stakes political blame game. >> we in washington are working while the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president i would be happy to look at whatever he proposes but the truth is we're coming against a hard deadline here. i said this is a conversation we should have had months ago. >> former president george h. w. bush is still in intensive care at a hospital in houston with a stubborn fever. the family is, that he will be out of the i see you sound. the chief of staff said sup
in washington working. the members of house of represented or out watching movies, and watching the kids play soccer, basketball, and doing all kinds of things. they should be here. >> i told president i will be happy to look at what ever he proposes. a hard deadline. as i said this is the conversation we should of had to go. >> democrats want to extend the bush era tax cuts to everyone except those americans making $250,000 or more per year. republicans remain against any tax increases. >> most americans just wasn't begun. >> people are tired. >> islamic not reach a deal by january 1st many economists are concerned it could lead to another recession. >> ibm ed paine reporting. >> and other nationals former president george h. w. bush is still in intensive care at houston hospital this morning dealing with the stubborn fever. >> the former president's family is confident that he will be out of the i see you soon. >> the former president's chief of staff said supporters a note yesterday including this " he would ask me to tell you to please put the cards back in the closet in cold. >> the 88 y
at 1978. >> finally a glimmer of home in washington. president obama and congressional leaders will discuss the looming fiscal cliff tomorrow at the white house. elizabeth corridan has more. as the countdown to the deadline creeps closer. >> this washington it was an ominous, stone. with five days and counting until the u.s. economy will go over the fiscal cliff. >> this year, the american people are not waiting for the ball to drop. it is not going to be good. >> reporter: with no deal spending will be slashed and taxes will go of it could spark another recession. with this deadline approaching president obama and the senate will return and speak on sunday. >> certainly there is still time. >> reporter: point is still texas the want to extend the bush assured taxes except for the time making to water vicki thousand dollars per year ordered the sticking- point is still boyish-direct taxe bush-era of texas taxes >> and. nobody wants. to really work they just want to play the name game. >> putting over the edge that the scenario is allowing tax increases to take effect and on jan
for a solution in washington d.c.. to businesses sunday. the dollar closedesses down 18. we had a big drop right now down 94. the dow just over the $13 mark. >> if amazon as announce this year's holiday sales of the biggest ever. >> if consumers purchased 306 items for second on their peak day this season. >> amazon says customers order 26 and a half million items on cyber monday. >> that is a new record for the online retailer. amazons set another record on christmas day for digital download. the candkindle continues to dominate the websites bestsellers. with the kindle fire a stab the leading the way. >> a new study finds have all americans are still holding on to their land lines. the centers for disease control says of the more than 20,000 households interviewed in the first half of 2012. >> off just over half used wireless phones for nearly all fall cause. >> that is less than a 2 percent increase compared to the same time last year. what a small increase? pepper while you're before adopting wireless calls, old folks to hang on to their land lines. >> only a quarter of those ages 45 to 64 w
of the u-s house are set to return to washington on sunday -- just one day before the deadline to pass budget deal. if congress does not reach a fiscal deal before monday's deadline, automatic tax increases and steep spending cuts will take effect. an in depth look at where everything stands right now -- and we'll be talking live with our political analyst -- tonight at 5:30 >> breaking news. retired general norman schwarzkopf has died in tampa, florida. known as 'stormin norman' because of his explosive temper, he commanded the u.s.-led international coalition that drove saddam hussein's forces out of kuwait in 19-91. he lived in retirement in tampa, where he had served in his last military assignment as commander-in- chief of u-s central command. that is the headquarters responsible for u.s. military and security concerns in nearly 20 countries. he was 78. no one was hurt. storm on the way. >> borrowers, that took out a loan. could possibly have found some issues. dan kerman turks of the story from there. >> reporter: many feeble and up in a storefront office, with a quick loan, like
falls off the fiscal cliff. the last ditch efforts in washington to avoid economic turmoil. >> the northeast continues to be battered with harsh winter weather. the mounting frustrations for travellers trying to get back home. >> and an update on the health of former president george h-w bush. why his chief of staff is telling people to quote. put the harps back in the closet. [ female announcer ] this is a special message from at&t. [ male announcer ] it's no secret that the price of things just keeps going up. [ female announcer ] but we have some good news. it's our bundle price promise. [ male announcer ] a price you can definitely count on, for two whole years. from at&t. [ female announcer ] a great price for a great triple-play bundle. [ male announcer ] call now. bundles with u-verse tv, internet and home phone start at $89 a month. now get the same great price for two years. [ female announcer ] switch today and get a total home dvr included, free for life. [ male announcer ] you get reliable, high speed internet on our advanced digital network. choose from speeds
Search Results 0 to 5 of about 6

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